Per the Auditors report at bottom, is that we may run out of money before we can open up those rich wells? in Victoria and get it all hooked up to pipes which will take at least a year and we only have money for maybe 1 year? So the VIC govt certainly done a job on us forcing Lakes to wait another year and bleed off more money and what will he do in July? We will need another CR or partnership to come on board just to get through the next building period or things will get very sketchy. I dont know if the SA CO2 thing has any real value as not seeing much about that and wheres the BOD excitement of reopening the main wells in Vic after a decade? Are they already given up??
"indicate that a material uncertainty exists that may cast significant doubt on the consolidated entity’s ability to continue as a going concern. Our conclusion is not modified in respect of this matter."
LKO Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
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